Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Capitol Tree Is Cut, Loaded Onto Kenworth T680 for 4,000-Mile Journey
An 80-foot Englemann Spruce tree, chosen for its perfectly cylindrical shape, was loaded onto a Kenworth T680 truck Nov. 2 to begin its 4,000-mile journey to Washington, D.C., where it will serve as the U.S. Capitol Christmas Tree.
November 6, 2016Commercial Vehicle Group Results Fall Amid Lower Class 8 Production
Cab-related products and systems supplier Commercial Vehicle Group Inc. reported net income and revenue fell in the third quarter amid significantly lower heavy-duty truck production in North America.
November 4, 2016Trucking Adds 3,000 Jobs in October, Department of Labor Reports
For-hire trucking gained 3,000 jobs in October, while overall payrolls increased by 161,000, the Labor Department reported Nov. 4.
November 4, 2016TravelCenters of America Forms Commercial Tire Network
TravelCenters of America announced the formation of the TA Truck Service Commercial Tire Network to meet increased customer demand for flexible, efficient sourcing of commercial tires.
November 4, 2016Ryder Launches Mobile-Friendly Used Truck Website
Ryder System Inc. said it launched a mobile-friendly, pre-owned vehicle sales website, Usedtrucks.Ryder.com, to make it easier for customers to locate pre-owned vehicles from its inventory.
November 4, 2016Port of New York and New Jersey Reports Weaker Imports and Exports in September
The Port of New York and New Jersey reported a drop in container traffic in September 2016 versus the year prior, according to numbers released Nov. 3.
November 4, 2016TRIP Report: Decaying Urban Roads Costly to Drivers
Roadways in poor condition in urban regions cost motorists as much as $1,000 annually, a nonprofit transportation group noted in a report this month.
November 4, 2016Leased Hanjin Containers Going Back to Asia
Containers that were leased to Hanjin Shipping Co. and stuck at the trucking company’s yard can now be returned to the Port of Long Beach, California, and loaded onto a vessel chartered to take them back to Asia.
November 4, 2016Truckstop.com Teams With FTR to Offer Rate Forecasting Service
DALLAS — Truckstop.com is preparing to launch a service that forecasts rates for spot market freight as far as a year in advance.
USA Truck Posts $700,000 Loss; Second Straight Quarter in the Red
USA Truck Inc. lost $700,000 in the third quarter, the second consecutive three-month period in which the company spent more money than it earned, the company announced Nov. 4.
November 4, 2016